For Sale: Opportunity Zone Investment in Marshall, TX | Bidding Opens: March 4th | Opening Bid Meets Reserve
700 West Houston Street
Marshall, TX 75670
For Sale: Opportunity Zone Investment in Marshall, TX | Bidding Opens: March 4th |
Opening Bid Meets Reserve
Property Type: Mixed-Use
Investors have the opportunity to acquire 700 West Houston Street, a 130,000 SF former junior high school located in Marshall, Harrison County, Texas through online CRE auction platform, RealINSIGHT Marketplace.
This former school building features two commercial cafeterias, two auditoriums, two gyms, three parking lots, and three tennis courts on a total of 9.72 acres. The building itself, a singular one, three-story building, totals approximately 130,000 SF.
- Features multiple points of ingress/egress and is highly visible from West Houston St, South College St and Whetstone St. Additionally, the Property offers ample accessibility, as it is situated 1.5 miles from US Hwy 59 and 3.5 miles from I-20.
- Sits within an Opportunity Zone, a tract nominated by governors into which investors can now put capital to work by financing new projects in exchange for certain federal capital gains tax advantages
- Offers a redevelopment opportunity at below replacement cost
To learn more, visit: http://bit.ly/2RYb3gS